IRA rollovers are common, whether they’re from an old 401 (k) or just one account to another, but a newly implemented Department of Labor rule says financial advisers suggesting the move have some explaining to do. Retirement Tip of the Week: If you work with a financial adviser and they are suggesting you do an…
Read More “The DOL has a new IRA rollover rule for advisers to follow” »
Starting this month, workers in several states will be entitled to a higher minimum wage. Thanks to a law enacted three years ago, Connecticut residents who currently make $ 13 an hour will now earn $ 14 an hour. Meanwhile, non-tipped workers in Washington, DC, started making an hourly wage of 16.10. Oregon workers also…
In January 2022, when I was “unretired” at 65 from my job I wasn’t sure exactly how I’d spend my time. But I knew that, among other things, I wanted to challenge myself, use the expertise I’d accumulated over a four-decade career and mentor. I recently found a way to do all three and I…
Read More “How being an older worker pushed me out of my comfort zone – what I learned” »
In bear markets, winnings tend to go to investors who focus on fundamentals, not fads, and who pick stocks based on traditional business principles rather than the latest experimentation in finance or society. Many stock investors are sidelined today, facing crushing losses in crypto or tech, and a general bruising across equities. They’re confused by…
Investing conservatively is understandable, especially considering the uncertainty around the stock market and worrying about making your money stretch through a period of high inflation, but many investors are falling below the recommended amount of stocks in their portfolios, which could hurt their savings prospects later in life. The market is giving everyone a roller-coaster…
Read More “Scared of stocks? Most investors are too conservative with their retirement plans.” »
A couple of months ago, our five-year-old son was relieved to find out that he could have two best friends. For weeks he’d been stuck in an innocent adolescent triangle where both kids wanted him to be their exclusive bestie. They would pull his arms at the playground and he would come home agonizing about…
I’m a working-from-home mom and my supervisors have no intentions of bringing me back to the office at this time. In order to actually get work done, I have pieced together childcare using the help of family and friends. I have one friend who has really gone above and beyond to adjust her own flexible…
In an effort to improve Americans’ retirement security, Congress is working on the Secure Act 2.0 – but there’s more it can do, experts say. The House passed the Securing a Strong Retirement Act, and two Senate committees advanced their own legislative proposals focused on retirement savings – one from the Health, Education, Labor and…
Read More “The next SECURE Act: How it could better solve a retirement crisis” »
The threat of recession amid a shrinking economy may force a return to the office for employees. Or the end to the office as we know it. Those are the two wildly differing opinions emerging on the future of the work-from-home movement, which has become a way of life for tens of millions of Americans…
Read More “A recession could force more employees back to the office – or never return” »
Corporate America is geared to the pursuit of green, but it’s been leaning increasingly red or blue over the past decade. That development may be unwelcome news for shareholders, even if the political beliefs of the company brass align with their own. That’s according to a study released Monday suggesting corporate C-suites have become as…
